See discussions, stats, and author profiles for this publication at: https://www.researchgate.

net/publication/349809428

A STUDY 0N OVERVIEW OF INVESTMENT MANAGEMENT

Article · March 2018

CITATIONS READS

0 1,174

3 authors, including:

Kanagavalli G.
Alagappa University
60 PUBLICATIONS   82 CITATIONS   

SEE PROFILE

Some of the authors of this publication are also working on these related projects:

A study on overview of investment management Dr.G.Kanagavalli View project

All content following this page was uploaded by Kanagavalli G. on 05 March 2021.

The user has requested enhancement of the downloaded file.

 Special Issue 3
March 2018 ISSN: 2320 -4168
Vol.6

INVESTMENT MANAGEMENT
A STUDY 0N OVERVIEW OF

Dr.G.Kanagavalli
Assistant Professor, Depar tment of Commerce, Alagappa University, Karaikudi

D.P.Krittihaa
M.Phil. Research Scholor, Deportment of Commerce, Alogoppo University, Karaikudi

Abstract
Emerging strong even during the scariest segment of global financial scariest portion of worldwide monney
related diminish, India has turned out to be one of the mostloved venture gonls for the remote speculators over the
giobe. The speculation situation in India is improving and better because of high confirmation level of the financial
specialists. Today. India is vicwed as the fourth greatest economy on the planet. Its noteworthy GDP rate
particularly in the field of buying power, has shot it to the second position among all the creating countries.
In the creating financial one cam gain increasingly cash. More dangers prompt more benefits. Financia
specialists can't keep auayfrom dangers however they can limit the hazard by puting their cash in diferent types of
safe specuiations so they can get a sensible benefit.
Keyword: Investment, Risk, Fund, Investment Management

Introduction
India is getting to be top venture goal today; it has a tremendous ikely for outside
speculation and remote players. India is the fourth biggest economy on the planet and it has the
second biggest GDP among creating nations as far as acquiring power. Distinctive research
thinks about did over the globe affim the way that India and China wil govern the world in
the 21 century. The affluent nations of Europe had seen an extreme decrease in worldwide GDP
share by 49% focuses, trailed by the US and Japan with a decay of around 1 percent focuses
each. Late investigations demonstrate the offer of the US in world GDP is unsurprising to
tumble from 21 percent to 18 percent and that of India to ascend from 6 % to 11% out of 2025
and consequently India will rise as the third post in the worldwide economy after the US and
China. By 2025 the Indian economy is anticipated to be around 60% of the span of the Us
economy. The change to a tri-polar economy will be finished by 2035, with the Indian economy
just a little littler that the US economy, however, bigger than that of Western Europe. By 2055
India is probably going to be a bigger development driver than the six biggest nations in the EU,
however, its effect will be a little finished a large portion of that of the US. India which
currently the fourth biggest economy as far as buying power equality, will overwhelm
and turn out to be third
Japa
major monetary power within 10 years.

Meaning
Investment is the employment of funds on assets with the aim of
admiration In estment has two attributes
earning income or
capi
namely
time and risk. Present utilization is iced
to get a return in the future. The sacrifice that
Sacru the
has to be borne is certain but the return
u

Page 72
Shanlax lnternational lournal of Commeres
 Vol. 6 Special Issue 3 March 2018
ISSN: 2320-4168
.are may be unsure. This feature ot nvestment
indicates the risk factor.
with a view to reap some retu from the investment. The risk is undertaken
Eor a layman, investment means some
monetary obligation. A
a t of a house for his personal use person's commitmernt to buv
may be an
investment from his
nidered as an actual investment as it involves sacrifice but point of view. This cannot
TT Financial investment is the allocation of does not yield
any financial
money assets that are
of
ain over a period of time. It is a switch over of expected yield some
to
financial claims such as stocks
aney. They are expected to yield returns and and bonds for
experience capital growth over the years.
Objectives of the Study
To study characteristics, nature and scope of investment
.To examine the types and process of investment management.
management.
.Toknow the role of investment
management
To identify the benefits of investment
department.
management.
Characteristics of Investment
Restore: All speculations are portrayed
by the possibility of an arrival. Indeed, ventures are
made with the essential target of
inferring an arrival. The arrival
might be
appreciation. The distinction between the real cost and the gotten yield
as in
addition to capital
esteem. The price tag is capital
profit or
premium got
from the venture is the
yield. Diverse sorts of speculations
guarantee distinctive rates of return. The arrival from a
speculation relies on the idea of the
venture, the development timeframe and a of large group different elements.
Risk: Risk is inalienable in
any venture. This hazard may identify with the loss of
capital,
delay settlement of capital, non-installment of intrigue, or fluctuation of
in
ventures like government securities and bank stores are
profits. While a few
relatively riskless, others are more
unsafe. The danger of a venture relies the
upon accompanying variables.
The more drawn out the development time frame, the
bigger is the hazard.
The lower the credit value of the borrower, the higher is the hazard.
The hazard changes with the idea of the venture. Interests in proprietorship securities like
value shares convey higher hazard contrasted with interests paying off debtors instruments
like debentures and bonds.
Hazard and return of a speculation are connected. Typically, the higher the hazard, the
higher is the arrival.
Security: The wellbeing of on speculation infers the affirmation of return of capital without
OSS of cash or time. Security is another component which a speculator wants for his ventures.

, Each speculator hopes to get back his capital on development immediately

LAquidity: A venture which is effortlessly saleable or attractive without loss of cash and without
bank stores,
oss of time is said to claim liquidity. A few speculations like organization stores,
instruments like
tores, NSC, NSS, and so on are attractive. Some speculation
not
no purchasers much of the
nation offers and debentures are attractive however, there are
recorded on
and henceforth their liquidity is immaterial. Value offers of organizations

Shanlax International Journal of Commerce Page 73

 March 2018
Vol. 6 Special Issue 3
ISSN:23200-4168
stock trades are effectively attractive through the stock trades. A financial specialist by and
lean towards liquidity for his ventures, security of his finances, a great come back with 1
and large
hazard or minimization of hazard and amplification of return. least

Nature and Scope of Investment Management

Nature and extent of venture can be resolved from the significance of money relata
speculations and how it is exceptional from a financial venture. It is likewise decided from the
day and age and the hazard and its disparities with presumption, betting, and arbitrage.
The nature of scope of investment management is:
To comprehend the correct significance of venture
To discover diverse roads of venture
To expand return and limit hazard
To make a software engineer for the venture through assessing securities, developing a
portfolio and looking into a portfolio
To discover an era of speculations to get put
To assess through different methods to get the best return for the financial specialist
Types of Investment
.Bank items: Banks and credit associations
can a
give
protected and advantageous approach
to collect funds and a few banks offer administrations that can enable
you to deal with your
cash. Checking and bank accounts offer
liquidity and adaptability.
Bonds: A bond is a credit a financial specialist makes to an associatiorn in return for
intrigue
installments over a predetermined term in addition to reimbursement of a key at the band's
development date. Figure out how corporate, muni, organization, Treasury and different
kinds of securities work.
Stocks: When you purchase offers of an orgarnization's stock, you possess a bit of that
organization. Stocks arrive in a wide assortment, and they regularly are depicted based the
organization's size, type, execution amid showcase cycles and workable for short-and long
haul development. Take in additional about your decisions from penny-stocks to huge tops
and that's the
only tip of the iceberg.
Venture reserves: Funds, for example, shared assets, shut end
supports and trades
exchanged assets pool cash from numerous financial specialists and contribute it as per a
particular speculation system. Assets can offer enhancement, proficient administration ana a
wide assortment of speculation systems and styles. Be that as it may, not all assets are te
same. See how
they function, and research subsidizes charges and costs.
Protection: Life protection items come in different
structures, including term life, entire nie
and widespread life strategies. There
additionally are a minor departure from this able var
disaster
protection and variable widespread life which are thought about securities. Pere ceive

how protection items may fit into

general money related arrangement.
Retirement: Numerous kinds of or
speculations become possibly the most important ra
when putting something aside for retirement and For
overseeing wage once you resi
Page 74 rce

Shanlax International Journal of Comme

 IOD
Vol.6 Speciallssue 3
March 2018
ISSN: 2320 4168
irmpose advantaged retirement chofces, for
decision. Oversecing retirement Wage example, a 401(k) or an IRA can
slations and into ones that are may require be a
more
qualified to a
moving out of
specifle
retirement way of life
Process of Investment Management
Fhortation and Planning: We allract on broad
alish a strong framework lor your experience to ask the correct
cinrcumstance in detail to speculation design. We survey your inquiries and
belter current money
mple, chance resilience, liqudity comprehend your short-and
prerequisites, long haul goals, for
utilize characterize and report your return destinations and wage necessities.
data to
n:Our goal is to help augment your objectives and desires. Portfolio We

v related objectives while venture returns Modeling and

potential inside the setting
working on your expressed hazard of your
anstrating apparatuses that outline the future resilience. We utilize refined
tovour budgetary circumstance, ramifications of various
resources, and income needs. portfolios connected
oncede to your ideal Together
assignment and report this in your we at that
point
proclamation. individualized venture
approach
Administrator Search and Selection: We consider
and in addition science and trust that supervisor determination craftsmanship a
customers require access to a
directors. These are browsed wide universe of cash
a blend of institutional
cash
organizations trade exchanged
or
assets. With more than supervisors, shared reserve
17,000 common assets
will likely enable financial
specialists to influence successful determinations accessible, we
taught choice to process. Chiefs are chosen in by applying a
light of various components including
administration honesty, venture hazard, speculation
style, support execution, cost proportion,
supervisor residency, focus, and turnover of possessions.
Usage: We will give you a prescribed portfolio to HE 5-STED PROGESS
help towards accomplishing your objectives. In the event
SHP

that you are in the assertion, we will actualize the

determinations for you. We have optional control
never S
STUP
Over your record and can't put any exchanges without
your endorsement.
Checking and Reporting: We survey the STUP

administrators we have chosen for you and will

Proactively tell you if changes are suggested. Venture customers get month to month and
arTeriy articulations, and we hold face to face gatherings every year or as required.

Kole of Investment
Management Department
he part of the Investment Management office is to oversee Wespath Benefits and
guardian commitment to
ents (Wespath) finances in a judicious way steady with its
esign members and institutional customers. Division duties incorporate choosing
and dealing with the Positive
SociatEtors, checking execution, screening speculations
0cial
Purpose Lending Program.
Page 75
Shanlax International Journal of Commerce
 March 2018 ISSN: 2320 -416
Special Issue 3
Vol.6
of a n assortment of auto
Choosing Managers: Wespath
draws in the administrations

resources
tonomous
into the p
put
speculation directors to deal with
the assets (barring stores

chooses
Positive
division distinguishes, nd screens
an
Social Purpose Investment Program). The
supervisorsutilizing a thorough procedure.
venture
execution for every individual venture chiof
Performance: The speculation
Observing
each store all in all is checked on a day by day, month to month, quarterly and arly

likewise assessed to guarantee

that they inconsistency witk
are the

premise. Speculations are

administrator's particular
command and with the Investment Strateon egy
every venture
(all in all named "Speculation
Statement and Statement of
Administrative Investment Policy ion

Policy" in charge of guaranteeing that

Investment Management office 1s
Screening Investments: The
Investment Policy). Screening is a continuous
each venture choice holds fast to the
and settled pay property to guarantee that Wespath
procedure that includes checking value
does not put resources into organizations
that get huge incomes from betting or from the
tobacco-related items, explicit entertainment,
make, deal or circulation of mixed drinks,
Ventures observed
activity of private jail offices.
are
on a
weapons, or the administration or
the Wespath's Sustainable
nonstop premise to guarantee they stay inconsistency with
Investing Guidelines.

Dealing with the Positive Social Purpose Investment Program: Another real duty of the
Investment Management division is overseeing and directing Wespath's Positive Social

which endeavors to have a positive social effect in the US.

Purpose Lending Program,
Furthermore, around the globe. The division performs careful due tirelessness for every

potential venture. All credits in which Wespath takes an interest are proposed to create
focused rates-of-return similar to the hazard evaluation for each qualifying venture.

Benefits of Investment Management

The normal Investor commonly looks for data, for example, sentiments, gauges, systems
exchanging thoughts, and hot tips keeping in mind the end goal to settle on venture choices.
What is regularly disregarded, in any case, is a sound logic around cash administration with
nonstop development, and fixing to vital monetary objectives to be specific Investment
Management Speculation administration is the expert administration of different secuities
and resources, to meet determined venture objectives for speculators.
Our venture administration process thinks about your whole budgetary picture. We alter a
portfolio procedure particular to your circumstance, execute the technique and make
modifications while observing the outcomes after some time. More than just geting
restores, our
approach around utilizing your speculations to enable
centers
you
accomplish your monetary objectives.
Considerable investment funds, higher returns, less
unpredictability and more noteworu
genuine feelings serenity. Getting wage and development in their
of
and Unbiased, autonomous, target venture counsel.
speculation porttou

Page 76
Shanlax International Journal of Commert
 Vol.6 Speclal Issue 3
March 2018
Conclusion
ISSN:2320 4168
an financial changes, yearly
development rate,
shortening
antageous for the local and
outside interest in expansion rate and so forth
d the current
ought to comprehend about
putting resources into India isyears. So financial
specialists
plishment for long haul that India is a
development. While here and now benefits venture
r now and then, however, they are not of cash might be a blend out
worth in the more
immense potential for the remote venture
and outside
drawn out run. India has
a0al, India's venture has been anticipated as the players discover it as next
driving speculation
fulfillment of self-constant development by quick (help) compel towards the nations
industrializations.
References
1 Arnerich, T., at al. (2007)Active .versus
passive investment
into perspective // Journal of Financial management: putting the debate
Research, spring.
2. Gallagher, D.R. (2003) Investment manager
changes and fund pertormance // The Journal ofcharacteristics, strategy, top management
3. Nakamura, L. (2005) A comparison of active and Banking and Finance,
spring
Journal of Financial Research, spring. passive investment strategies // The
4. Prasanna Chandra, 2008,"Investment
McGrawHill.
Analysis and Portfolio Management", 3rd Ed,Tata
5. Voicu, A., (2008) Passive vs. active investment
planning association, spring. management strategies // The financial
6. http://www.finra.org
7. http://www.journal.bonfring.org
8. www.nse.com
9. www.bse.com
10. www.investorhome.com
11. www.proquest.com

anlax International Journal Page 77

of Commerce

View publication stats